LIDOCAINE OINTMENT MARKET ANALYSIS

Lidocaine Ointment Market, by Formulation (Internal Use and Topical Use), by Age Group (Children and Adult), by Application (Insect Bite, Sun Burn, Minor Cut, Mouth Sore, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Dec 2022
Code : CMI5434
Pages :156
Formats :
Excel and PDF
Industry : Pharmaceutical

Market Challenges And Opportunities

Global Lidocaine Ointment Market: Restraint

The major factors that can hamper the growth of the global lidocaine ointment market over the forecast period include product side effects, product recall, and government restrictions regulating the safety and efficacy of lidocaine ointment. For instance, in June 2022, according to an article published by Mayo Clinic, lidocaine ointment had various side effects such as cough, cracked, dry or scaly skin, fast heartbeat, and fever.

Restraints & Challenges: